To create the validator and initialize it with a self-delegation, run the following command.
key-nameis the name of the private key that is used to sign transactions.
bitsongd tx staking create-validator \
--pubkey=$(bitsongd tendermint show-validator) \
When you specify commission parameters, the
commission-max-change-rateis measured as a percentage-point change of the
commission-rate. For example, a change from 1% to 2% is a 100% rate increase, but the
commission-max-change-rateis measured as 1%.
If running the following command returns something, the validator is active.
bitsongd query tendermint-validator-set | grep "$(bitsongd tendermint show-validator)"
You are looking for the
Only the top 64 validators in voting power are included in the active validator set.